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CoinGlass Disrupted by Large-Scale Proxy Attack, Highlights Crypto Sector Vulnerabilities

CoinGlass Disrupted by Large-Scale Proxy Attack, Highlights Crypto Sector Vulnerabilities

Published:
2025-10-11 07:48:02
20
2
BTCCSquare news:

CoinGlass, a prominent cryptocurrency analytics platform, faced severe service disruptions on October 10, 2025, due to a coordinated proxy attack. The incident exposed critical weaknesses in cloud-based infrastructure relied upon by digital asset firms.

Attackers flooded CoinGlass's systems with traffic routed through distributed proxy servers, overwhelming capacity and causing global access issues. While no data breaches occurred, the outage lasted several hours before engineers restored functionality. Technical teams continue forensic analysis to identify attack vectors.

The event underscores growing cybersecurity risks as crypto platforms become larger targets. Cloud service vulnerabilities present particular concerns given the sector's heavy reliance on third-party infrastructure providers. Market participants are reassessing operational resilience protocols in light of the attack.

|Square

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